Khazanah clarifies divestment from FashionValet


PETALING JAYA: Khazanah Nasional has stepped forward to clarify its recent divestment from Fashion Valet Sdn Bhd.

In a statement on Friday (Nov 1), it said it invested RM27mil to secure a 9% stake in FashionValet, a burgeoning homegrown e-commerce platform boasting over 400 brands and 15,000 products, with expectations of achieving approximately 60% annual revenue growth.

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